Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
Are the Fed's Rate Cuts Over Now That Inflation Is Rising Again?
October's Consumer Price Index (CPI), which measures changes in the cost of consumer goods and services, showed that annual ...
2 firm inflation prints just made the Fed's 2025 rate cut path a lot 'murkier'
October inflation readings out this week have shown little progress toward the Fed's 2% inflation target, putting into ...
Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer ...
US Inflation Keeps Steady as Fed Looks to Avoid Reversal
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
Inflation Stays Firm, but Not Enough to Derail December Fed Cut
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
New York Post5h
Inflation remains stubborn as wholesale prices accelerate after Fed rate cuts
The central bank’s inflation fighters have been satisfied enough with the improvement to cut their benchmark interest rate ...
Fed Chair Jerome Powell says no need to rush rate cuts, cites strong economy
But the pace of rate cuts “is not preset,” Powell said at a Dallas Fed event, adding that “the economy is not sending any ...
Fed does not need to 'be in a hurry' to lower rates: Powell
Federal Reserve Chair Jay Powell said the central bank does not need to be 'in a hurry' to lower interest rates, and that the ...
Powell says no need for Fed to rush rate cuts given strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...
The New York Times1h
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
The Fed is trying to navigate a complicated moment. The economy remains healthy overall, but the job market has slowed over ...